Pretty self explantory. Fractal comes from end of 2013.
If the falling wedge is able to break out to the upside, I expect price to surge to 0.2 initially and then test the zone around 0.25 following that.
Price has found solidly support successfully and seeks to breakout from the major bear neckline. Should a breakout occur, expect price to go to $2,000 initially.
Posted this one on Twitter a few nights ago twitter.com IH&S completed signalling a long position entry.
Just as everyone stopped talking about it and the focus is on bank controlled XRP + useless shit tokens... Bitcoin Cash covertly approaches the end of consolidation. Bollinger bands are tight and we are at the end of a symmetrical triangle formation. Watch for an increase in volume when it breaks out, to confirm the move.
Posted this idea on Twitter yesterday, you had all been warned. twitter.com This follows on from my previous trade where we predicted bottom of the first corrective wave. I've since adjusted that TA slightly to show the next moves down, which we clearly did not get in that first dump. The church of Core will crumble.
Fundamentals: Bitcoin -6.95% Core is dying a slow death as morons continue to debate the situation of fees and transaction times. The solution has been here for months and its called Bitcoin Cash 23.58% . All you have to do is compare two transfers on each chain and your logic will shift in a matter of minute. BTC $30 USD vs BCH $0.02 USD. Not only is Bitcoin...
I hope you've been keeping track of those shilling Bitcoin Core and undermining Satoshi's vision, over these last couple of months. You were all wrong!
See related idea for more info. Bitfinex continue to keep price high with fraudulent tethers, while it waits for the CME futures to launch. I'd expect the institutions to short Bitcoin into the ground - there is no way they will want to buy it high, they want it when its cheap. Messy Rising Wedge breakdown.
So we finally made it to 10k USD. Its been a long time in the making and I now see this as a time to be cashing out some profits while the masses enter the market at ludicrous highs. I have seen multiple reports of people selling their houses and maxing out credit cards in order to buy in right now, so unfortunately they are going to be destroyed. The Elliot Wave...
Bitcoin is consolidating between the long term logarithmic resistance and the lower support of what was previously a large rising wedge. On the smaller time frames we're in a pennant whose validity can be supported with declining volume. A strong breakout to either side with volume, presents the opportunity to open a margin trade. Break Up: I'd like to see this...
Bollinger bands are squeezed tight indicating a big move in the making. ZECUSD is already moving up quite a lot right now, so that is a good sign this falling wedge on ZECBTC will break up. The next resistance levels for this move here will be 0.083, 0.116 and finally 0.169. If that last level can break we should go quite parabolic to 0.256 at the 161.8 fib. At...
Neo has broken out above yellow resistance line in the last few days, in anticipation of conferences regarding it in the coming weeks & other positive news. Expecting a retrace back near the breakout area before continuing up and the ideal rebound point would be the green line. Alternatively you could trade the breakout of the falling wedge which has begun forming.
Ethereum has been in sideways consolidation for the last couple of months, with Bollinger Bands on multiple time-frames such as 2h, 4h, 6h, 12h and 1D now squeezed tight. Already there have been a number of attempted break-outs of the smaller triangle the price currently trades within. I will be looking to buy once price breaks past the dotted yellow trend line +...
Right now I think anyone buying into this is chasing a missed boat. It should have been purchased when it was low (well below $1000) and Core minions were slamming it as trash. I still hold my Bitcoin Cash from the fork and do not intend on selling it. If exchanges start adding BCH/Alt-Coin pairs or BCH reaches parity with BTC, I will be looking to exit BTC for...
Following on from the previous Bitcoin idea. The 5th wave took longer to rise than initially thought; but thats just fine. As I see it now, we are faced with two outcomes of which one will begin play out after further sideways consolidation. The price currently resides in a rising wedge formation, where the top logarithmic resistance level has been tested but not...
The 235 day cycle in Bitcoin corresponds with major highs in the overall price. Our current cycle completes on October 10, signalling the end of the megabull and the beginning of a bear trend (historically speaking). During past megabulls we always got parabolic shifts in price, something that hasn't really happened yet in the current bull market. I believe this...
Inverted head and shoulders heading for completion on the 1D timeframe. 1D SAR swapped, Stoch is ripping up and the 1D Momentum also pulling upward.